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HomeMy WebLinkAbout2024-117-03.04.2024Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2024-117 RESOLUTION APPROVING AWARD OF BID TO MUNICIPAL PIPE TOOL CO., LLC OF HUDSON, IOWA, IN THE AMOUNT OF $416,121.20, RESERVING THE RIGHT TO AUTHORIZE PART OR ALL THE WORK DESCRIBED IN ALTERNATE NO. 1 FOR $117,607.00, APPROVING THE CONTRACT, BONDS, AND CERTIFICATE OF INSURANCE, IN CONJUNCTION WITH THE FY 2024 CIP PIPELINING PHASE IVB1, CONTRACT NO. 1102, AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SAID DOCUMENTS. WHEREAS, Municipal Pipe Tool Co., LLC of Hudson, Iowa, submitted a bid in conjunction with the FY 2024 CIP Pipelining Phase IVB1, Contract No. 1102, in the amount of $416,121.20, in addition to Alternate No. 1 for $117,607.00, and is the apparent low bidder, and WHEREAS, Municipal Pipe Tool Co., LLC, submitted a written contract, bond, and certificate of insurance, per city specifications, in conjunction with the FY 2024 CIP Pipelining Phase IVB 1, Contract No. 1102. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, 1. That the bid of Municipal Pipe Tool Co., LLC, in the amount of $416,121.20, with the City reserving the right to authorize part or all the work described in Alternate No. 1 for $117,607.00, in conjunction with the FY 2024 CIP Pipelining Phase IVB1, Contract No. 1102, is hereby accepted and awarded to Municipal Pipe Tool Co., LLC. 2. That the contract, bond, and certificate of insurance submitted by Municipal Pipe Tool Co., LLC, in conjunction with the FY 2024 CIP Pipelining Phase IVB1, Contract No. 1102, are hereby approved, and the Mayor and City Clerk are authorized and directed to execute said documents. PASSED AND ADOPTED this 4th day of March 2024. Quentin Hart, Mayor ATTEST: Kelley Eelchle Kelley Felchle, City Clerk